General Discussion

dairydog91

(951 posts)

14. No, you can *probably* prohibit items without offering compensation.

Reply to Nuclear Unicorn (Original post)

Thu Jan 10, 2013, 11:59 AM

Jan 2013

Grandfathering clauses are optional, as are buy-back programs for prohibited items. But getting a non-compensated prohibition law passed will be far more difficult, and would boost non-compliance rates. For example, if your $1000 gun has just been rendered illegal, and the government is not offering a buy-back, the logical, if also illegal, move is either to keep the gun for yourself or to sell it on the black market to convert its value back to something you can spend. Otherwise, it's just a straight financial loss.

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A quick question about law [View all] Nuclear Unicorn Jan 2013 OP

When pot was made illegal and seized, did the owners get any compensation??? backtoblue Jan 2013 #1

Cocaine is illegal NYC_SKP Jan 2013 #2

But those are illegal markets. Nuclear Unicorn Jan 2013 #7

You are talking specifically about Guns el_bryanto Jan 2013 #3

The law has also changed since Prohibition ProgressiveProfessor Jan 2013 #5

True, but congress giveth and congress taketh away Nuclear Unicorn Jan 2013 #8

Its a bit more subtle than that ProgressiveProfessor Jan 2013 #4

Things we have prohibited (like drugs and alcohol) have been through tax stamps Recursion Jan 2013 #6

If something becomes illegal it loses its "white" market value slackmaster Jan 2013 #9

True, but governments don't deal in illegal markets (mostly -- we hope) n/t Nuclear Unicorn Jan 2013 #10

Alfonse Capone was imprisoned for failing to pay income tax on earnings from illegal activity slackmaster Jan 2013 #11

"... from whatever source derived." nt. Hosnon Jan 2013 #12

Ollie North might disagree with ya........ lastlib Jan 2013 #15

This talk of billh58 Jan 2013 #13

No, you can *probably* prohibit items without offering compensation. dairydog91 Jan 2013 #14